XML 29 R21.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Earnings Per Share
 6 Months Ended
Jun. 30, 2011
Earnings Per Share  
Earnings Per Share

Note 16 - Earnings per share:

Earnings per share is based on the weighted average number of common shares outstanding during each period. A reconciliation of the numerator used in the calculation of earnings per share is presented in the following table:

 

     Three months ended
June  30,		      Six months ended
June  30,		  
     2010      2011      2010     2011  
     (In millions)  

Net income attributable to Valhi stockholders

    $ 4.5       $ 52.4       $ 18.1      $ 90.4   

Equity adjustment

      —           —           (2.1 )      —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Adjusted net income attributable to Valhi stockholders

    $ 4.5       $ 52.4       $ 16.0      $ 90.4   
  

 

 

     

 

 

     

 

 

    

 

 

  

The $2.1 million equity adjustment attributable to Valhi stockholders is discussed in Note 17 to our 2010 Annual Report.